Duty-Free Shops Will Enter The Shopping Mall.

With the driving force of China's economic development pforming from investment to consumption, the state has promulgated a series of policies to support the upgrading of consumption structure.

As an important measure to promote consumption upgrading, the State encourages more duty-free shops, expanded tax-free varieties and relaxed tax-free shopping, all of which will play a positive role in the future development of duty-free shops.

At the same time, the target customers of duty-free shops are not only limited to their own areas, but also extend to the whole city and even the whole country.

Therefore, duty-free shops can not be underestimated for the driving effect of the passenger flow in the business circle.

The introduction of duty-free shop formats will play a role in attracting targeted consumers.

The higher quality and relatively low price of duty-free goods will become an important way for shopping centers to gather high-quality middle class consumers. It is also one of the important means for shopping centers to manifest differences in homogenization competition.

In addition to the traditional business models, duty-free shops have also entered shopping centers and other urban areas.

Stu Vin Zon, chairman and President of Ying Shi China commercial investment holding group, believes that the introduction of the new national policy plays a vital role in the development of new industries. We need to seize the policy oriented wind vane to add new vitality to the shopping center.

The duty free shop of Yueda 889 shopping center in Shanghai is the first duty free shop in the shopping center in the country. It introduces the "buyer system" mode to provide consumers with high cost performance.

Footwear and lifestyle products.

According to the profit report, it is different from the shopping mode of port and Islands tax-free fast consumption.

Yueda 889 duty-free shops, consumers will no longer be restricted by shopping hours and baggage specifications, and can stay fully in the store.

It not only satisfies and facilitates consumers' demand for goods purchase, but also eliminates the restriction of consumers' safety inspection after shopping abroad.

In addition to duty-free shops, bonded stores can also be opened in shopping centers.

Unlike the specific objects targeted by the tax-free shops and the direct way of reducing taxes and fees, the bonded shop is aimed at all consumers.

And consumers only pay postal tax or goods tax after shopping.

It is understood that the bonded stores provide a regular sales channel for imported goods, so that the shopping center's ability to gather customers is significantly enhanced.

Take Yantai Joy City as an example, the target consumer of bonded stores has accounted for 20% to 30% of the total passenger flow.

Moreover, all goods sold in the bonded store are specially supervised by customs and pported directly from the bonded port area to the store.

It not only guarantees the quality of goods, but also ensures the sales price is consistent with the bonded port area.

However, the report also suggested that the emergence of duty-free shops and bonded stores will have a certain impact on imported products supermarkets and shops selling imported products.

The advantages of the purchase channel make the goods of duty-free shops and bonded stores more competitive in price, and the price of imported goods is about 10% to 30% cheaper than that of the market.

It is obvious that consumers prefer to buy products with higher cost performance.

Ying Shi Group Research Center believes that with the improvement of living standards, the traditional shopping mode has been unable to meet the growing demand of consumers.

Consumers do not want to go abroad to buy overseas goods at a lower price.

Following this trend, the future development of duty-free shops will also be a blue ocean.

The introduction of duty-free shops into shopping centres will play a role in attracting the target consumers. Such innovative formats will enhance the turnover of shopping centers and will become a new trend in the future.